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  Business   Companies  22 Aug 2017

Business, Companies, 22 Aug 2017

Balaji Telefilms board okays selling 25 per cent stake to RIL

Balaji Telefilms said that proceeds from the transaction would be utilised to further speed up content development initiatives.

22 Aug 2017 8:53 PM

Alibaba owned UC Browser under govt lens over data leaks of Indian users

The government probe comes amid tensions between India and China and could lead to ban of the browser in India.

22 Aug 2017 8:16 PM

ONGC seeks investment banker to manage HPCL acquisition

The board of ONGC on Monday gave 'in principle approval' for acquisition of the government stake in HPCL.

22 Aug 2017 7:45 PM

How is a 'luxury' car defined under GST, asks Hyundai

Under GST, Hyundai's new models like Elantra, will attract same rate as luxury models from BMW, Mercedes and Audi. 

22 Aug 2017 6:06 PM

Vistara, Qatar Airways sign pact to provide 'seamless' travel across 150 stops

Qatar Airways in the past had initiated talks with IndiGo for a marketing tie-up, which later failed to yield any results.

22 Aug 2017 5:31 PM

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Ex-Essar Oil shareholders to get additional Rs 75.48 per share

This is additional payout over and above price of Rs 262.80 per share paid to shareholders at the time of delisting.

22 Aug 2017 4:46 PM

Competition for Ramdev's Patanjali as Sri Sri joins ayurveda retail race

The founder of the Art of Living Foundation, Sri Sri Ravi Shankar will open 1,000 'Sri Sri Tatva' stores in India.

22 Aug 2017 3:13 PM

Indian-origin former CEO accused of corporate fraud in US, to pay $ 294,000

Securities and Exchange Commission ruled against Adesh Kumar Tyagi who was charged with engaging in manipulative trading.

22 Aug 2017 2:20 PM

Micromax to capture 'volume leadership', make aggressive comeback

Micromax will launch a slew of devices that showcase Micromax's 'focus on innovation at the right price'.

22 Aug 2017 1:51 PM

IMG may favour more time to telcos for spectrum payment

IMG is also considering a proposal to shift from PLR to MCLR for interest and penalty payments.

22 Aug 2017 1:44 PM

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Johnson & Johnson charged with $417 million for causing ovarian cancer

A California jury ruled in favour of a woman who alleged that she developed ovarian cancer after using J&J's baby talcum powder.

22 Aug 2017 12:48 PM

What are GST registration procedures for new dealers?

New dealers, among other formalities, are required to fill a single application for online registration.

22 Aug 2017 12:45 PM

Ola partners Google to add 'Outstation' cabs to maps

This first-of-its-kind association in India enables bookings from 23 cities to over 215 one-way routes in the country.

22 Aug 2017 12:23 PM

Airtel to launch Rs 2,500 4G smartphone to counter Jio

Report claims Airtel is in talks with handset makers Lava and Karbonn for introducing a 'mass market' phone.

22 Aug 2017 10:59 AM

Chandrasekaran backs IHCL's foreign asset deals

Cyrus Mistry alleged that IHCL faced a near-death experience due to some acquisitions.

22 Aug 2017 10:33 AM

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ONGC board approves HPCL takeover

HPCL will add 23.8 million tonnes of annual oil refining capacity to ONGC's portfolio.

22 Aug 2017 10:19 AM

Essar Group says non-compete clause with Rosneft only for 3yrs

Rosneft will pay a royalty to Essar Group for using brand name of Essar Oil at over 3,500 petrol pumps.

22 Aug 2017 9:45 AM

IHCL faced near-death experience due to acquisitions: Mistry

Acquisitions made by the company were with the aim of promoting the 'Taj' brand.

22 Aug 2017 9:33 AM

Sikka using Murthy’s name to hide his poor show: Pai

Mr Sikka’s resignation has plunged Infosys into crisis with the company facing several issues, including a suitable replacement as CEO.

22 Aug 2017 1:09 AM

Buyback offer fails to cheer, shares Tank 5 per cent

The shares of Infosys tanked 5.37 per cent on Monday to close the session at Rs 873.50 on the BSE.

22 Aug 2017 1:02 AM

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